Sellwood Investment Partners LLC Acquires New Shares in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Sellwood Investment Partners LLC bought a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,068 shares of the exchange traded fund’s stock, valued at approximately $184,000. Vanguard Real Estate ETF comprises 0.1% of Sellwood Investment Partners LLC’s holdings, making the stock its 27th largest holding.

Several other institutional investors also recently modified their holdings of VNQ. Van ECK Associates Corp bought a new stake in shares of Vanguard Real Estate ETF in the fourth quarter worth about $10,542,000. Proficio Capital Partners LLC bought a new stake in Vanguard Real Estate ETF during the 4th quarter worth approximately $1,349,000. Thompson Siegel & Walmsley LLC raised its holdings in Vanguard Real Estate ETF by 22.4% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 16,044 shares of the exchange traded fund’s stock worth $1,429,000 after buying an additional 2,936 shares during the period. Thrivent Financial for Lutherans lifted its stake in Vanguard Real Estate ETF by 7.3% in the third quarter. Thrivent Financial for Lutherans now owns 24,539 shares of the exchange traded fund’s stock valued at $2,394,000 after buying an additional 1,670 shares in the last quarter. Finally, Avantax Advisory Services Inc. boosted its holdings in shares of Vanguard Real Estate ETF by 2.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 834,703 shares of the exchange traded fund’s stock valued at $74,355,000 after buying an additional 17,599 shares during the period.

Vanguard Real Estate ETF Stock Down 2.1 %

Shares of VNQ stock opened at $89.71 on Wednesday. The company has a market capitalization of $97.78 billion, a price-to-earnings ratio of 33.73 and a beta of 1.08. Vanguard Real Estate ETF has a 12-month low of $78.27 and a 12-month high of $99.58. The firm has a fifty day moving average of $91.32 and a 200-day moving average of $93.27.

Vanguard Real Estate ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be paid a $0.9319 dividend. The ex-dividend date is Tuesday, March 25th.

Vanguard Real Estate ETF Profile

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.